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TMB PROVISIONS
Tamilnad Mercantile Bank Q2 profit up 5% as lower provisions aid earningsTamilnad Mercantile Bank posted a 5% rise in Q2FY26 net profit to Rs 318 crore, aided by sharply lower provisions. Asset quality improved, ...- Tamilnad Mercantile Bank Q1 Results: Net profit up 6% to Rs 305 crore on lower provisionsTamilnad Mercantile Bank reported a 6% YoY rise in Q1 net profit to ₹305 crore, aided by sharply lower provisions, despite a 12% fall in op...
- NIM pressure leads to flat Q3 profit at TMBTotal provisions in the December quarter fell to ₹2.4 crore from ₹33 crore a year earlier. The gross non-performing assets ratio remained s...
- Tamilnad Mercantile Bank Q2 Results: Profit jumps 37% YoY to Rs 262 croreGross non-performing assets (NPAs) were reduced to 1.70 per cent of gross advances as of September 30, 2022 from 3.31 per cent by the end o...
- Barring legal issues, TMB IPO looks reasonably pricedThe demanded valuation also looks reasonable. However, the bank is involved in several legal proceedings including those filed by some of t...
- Tamilnad Mercantile planning IPO in Q3Tamilnad Mercantile made a net profit of Rs 181 crore in the quarter ended March 2021 from Rs 164 crore a year earlier, a growth of 10%.
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